INTRODUCTION OF BANKING

By BALAJI KAMBLE

Assistant Professor

Dayanand College of Commerce Latur

MONEY FINDS ITS ORIGIN IN THE

NEED TO FACILITATE EXCHANGE.

THEREFORE MONEY IS

GENEREALLY DEFINED AS “A THING

THAT IS COMMONLY ACCEPTED AS

A MEDIUM OF EXCHANGE.”

MONEY

BARTER

SYSTEM

CATTEL

SYSTEM

METEL

COINS

PAPER

MONEY

EVOLUTION OF

MONEY

UNIT OF

ACCOUNT

MEDIUM OF

EXCHANGE

MEANS OF

PAYMENT

MEASURE

OF VALUE

STORE OF

VALUE

FUNCTION OF MONEY

DURABILITY

PORTABILITYDIVISIBILITY

FEATURES OF

MONEY

BANK IS THAT FINANCIAL

INSTITUTION WHICH ACCEPTS

DEPOSITS FROM THE PEOPLE AND

GIVES LOANS FOR THE PURPOSE

OF CONSUMPTION OR

INVESTMENT.

http://en.wikipedia.org/wiki/File:NatBankRep.jpg

EVOLUTION OF

BANK

SAFEKEEPING

BENCHES

BANCA

BANK

ACCOUNTS DEPOSITS LOANS

CARDS FOREX INVESTMENTS

INSURANCE PAYMENTS OTHER

SERVICES

SEVICES OFFERED BY BANK AS A FINANCIAL

INTERMIDIARIES

•These account enables the customer to store their

surpluses, which are not immediately needed for useSAVING ACCOUNT

•Opened to meet the business needs of customerCURRENT ACCOUNT

•to manage your salaries smartly and convenientlySALARY ACCOUNT

•A dematerialized account used by organization to issue

share certificate as evidence of ownership of the shareDEMAT ACCOUNT

• Resident a service that would ensure not only the highest

level of priority but also preferential treatment to select

customers.PRIORITY ACCOUNT

ACCOUNTS

•farmer looking for an account that can be operated

easily

KRISHI SAVING

ACCOUNT

•woman seeking banking solutions tailored to your

needs

WOMEN’S SAVING

ACCOUNT

•a banking style that compliments your senior statusSENIOR CITIZEN

SAVING ACCOUNT

•a customized savings account to suit your specific

financial requirements

PRIME SAVING

ACCOUNT

•a Pensioner seeking banking solutions tailored to

your needs

PENSION SAVING

ACCOUNT

•A fixed deposit scheme to suit your

specific needsFIXED DEPOSIT

•Save small every month and experience

the power of compounding

RECURRING

DEPOSIT

•The Encash 24 (Flexi Deposits) gives you the liquidity of

a Savings Account coupled with high earnings of a Fixed

Deposit.ENCASH 24

•The government had announced Tax benefits to Bank

Term Deposits over 5 year tenure

TAX SAVER FIXED

DEPOSIT

DEPOSITS

RETAIL LOANS

• HOME LOANS

• CAR LOANS

• EDUCATION LOANS

• PERSONAL LOANS

PERSONAL OVERDRAFT

• LOAN AGAINST SECURITY

• LOAN AGAINST SHARES

• CONSUMER LOAN

LOANS

• Using your Credit Card with Plus Points and redeem

them against choicest products and gift vouchers.CREDIT CARDS

•Enjoy the convenience of cashless shopping, great offers,

anytime access to your Bank account and much more DEBIT CARDS

• A Prepaid Card has a pre-determined

monetary value loaded onto itPREPAID CARDS

• Travel Currency Card aims to make traveling

abroad a truly memorable experience.

TRAVEL

CURRENCY CARDS

CARDS

•a strong research driven recommendation

model to help you choose the best funds.MUTUAL FUND

•Issued by Reserve Bank of India (RBI) to

mobilize funds from retail investors

GOVERNMENT

BONDS

•5g to 50g can be directly purchased by

customers GOLD COINS

•Offers the shares to the investors in

public issuesSHARES

INVESTMENT

•A written instruction issued by customer to his bank to pay a

specified amount to the person named in the chequeCHEQUES

•A cheque issued by a bank on itselfPAYORDER/BANKER’S

CHEQUE

•Used when payment have to be made to far away places and

the payee insist on certainty of the paymentDEMAND DRAFT

•any bank and transfer money to the bank account of multi-

city cheque holders.MULTI-CITY CHEQUES

•Paperless credit / debit transactions directly linked to your

account

ELECTRONIC FUNDS

TRANSFER

PAYMENT

PREPAID MOBILE RECHARGE

LOCKERS

E-STATEMENT

ONLINE SHOPPING

OTHER SERVICES

BANKINGCHANNELS

ATM

PHONE

BANKING

INTERNET

BANKING

MOBILE

BANKING

THANK

YOU